Hambden Bob wrote:
I would've never believed that we'd have had a Majority of our Manufacturing performed in China ! On the heels of that thought,who knows what we're looking at prostituting out next. When you can ship Seatainers of goods from China to the U.S. and still make a wicked profit on those items,then all bets are off. I do believe we ship Liquified Natural Gas to them,so why not Anthracite for their specified needs...Interesting discourse on the Subject though !
HaHaHa - well I would have believed it... Liquefied Natural Gas is a bit different than anthracite. There is a lot of technology that goes into producing, containing and shipping LNG... The US is pretty high on the totem pole when it comes to that technology. So it does not surprise me we'd ship that. We also import it.
It would be my guess that it isn't the Chinese coming here to buy our anthracite, but rather US producers that may be trying to find ways to sell it into the international market. India has been undergoing a significant change in it's coal consumption, it used to be pretty much self-sufficient, but I understand that has changed due to internal political issues. Vietnam, one of the worlds largest suppliers of anthracite has been under-going a huge surge in manufacturing so it's internal reserves as being consumed more and more internally so less to export. North Korea has to be selling anthracite to China as well as Russia. The Ukraine mines I understand are also being re-developed increasing their export capabilities. There are a number of other players. Coal producers here must be looking to go into the international markets for selling. That would be my take... in a nutshell... didn't the Stockton mine get bought up by a British company?